Atlas Energy Inc. s Dune Express, a revolutionary conveyor belt system, is set to significantly improve sand transport efficiency and reduce environmental impact in the Permian Basin s oil fracturing industry.
Despite technological advancements maintaining U.S. oil production, the energy industry faces declining valuations and reduced drilling activity, with future growth contingent on higher oil and gas prices.
Despite a late Santa rally in the oilpatch this week, it's probably time to recognize that we are on the verge of a reset of expectations for the oil sector in the developing, likely 2024 price environment for WTI and Brent. We are about one inventory .
Despite a strong increase in shale oil production in 2023, lower prices in 2024 could bring about a sharp curtailment of drilling and a moderate reduction in completion activity in shale